FIDELITY NEW YORK MUNICIPAL TRUST
497, 1995-07-18
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SUPPLEMENT TO THE
NEW YORK TAX-FREE 
FUNDS PROSPECTUS
DATED MARCH 20, 1995
   The following replaces the 
wire instructions found in the 
"How to Buy Shares" table on 
page 23.
 Wire to:
 
Bankers Trust Company*,
 
Bank Routing #021001033,
 
Account #00163053.
 
Specify the complete name 
of the fund and include your 
account number and your 
name.
* Money market shareholders 
must call 1-800-343-6310 for 
that fund's wiring instructions.    
The following supplements 
the information found in the 
paragraph that begins "When 
you place an order to buy 
shares" on page 30.
(solid bullet) Purchases to the money 
market fund processed at 
12:00 noon 
Eastern time will earn the 
dividend for that day; 
purchases processed at 
4:00 p.m. Eastern time will 
earn dividends the following 
business day.
The following supplements 
the information found in the 
paragraph that begins "When 
you place an order to sell 
shares" on page 31.
(solid bullet) If your money market fund 
wire redemption request is 
processed at the 12:00 
noon Eastern time NAV, 
federal funds will be wired to 
your bank that day and you 
will not earn that day's 
dividends.
SUPPLEMENT TO THE
NEW YORK TAX-FREE 
FUNDS PROSPECTUS
DATED MARCH 20, 1995
   The following replaces the 
wire instructions found in the 
"How to Buy Shares" table on 
page 23.
 Wire to:
 
Bankers Trust Company*,
 
Bank Routing #021001033,
 
Account #00163053.
 
Specify the complete name 
of the fund and include your 
account number and your 
name.
* Money market shareholders 
must call 1-800-343-6310 for 
that fund's wiring instructions.    
The following supplements 
the information found in the 
paragraph that begins "When 
you place an order to buy 
shares" on page 30.
(solid bullet) Purchases to the money 
market fund processed at 
12:00 noon 
Eastern time will earn the 
dividend for that day; 
purchases processed at 
4:00 p.m. Eastern time will 
earn dividends the following 
business day.
The following supplements 
the information found in the 
paragraph that begins "When 
you place an order to sell 
shares" on page 31.
(solid bullet) If your money market fund 
wire redemption request is 
processed at the 12:00 
noon Eastern time NAV, 
federal funds will be wired to 
your bank that day and you 
will not earn that day's 
dividends.
NFR-95-2  July 17, 1995
NFR-95-2  July 17, 1995



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